Food Processing Machinery - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Food Processing Machinery market is accounted for $49,500.00 million in 2017 and is expected to reach $93,500.00 million by 2026 growing at a CAGR of 7.3%. Rise in demand for processed food due to preference of consumers, increase in disposable income in various nations, heightened emphasis on quality, growing demand for dairy products and rising number of product varieties are some key factors influencing the market growth. However, factors such as regulation restrictions by different governments are limitng the market growth.
Food processing machines are the tools that make easy commercial production and packaging of different kind of food such as meat, baked items, seafood, poultry, dairy, beverages, and others. These products are gaining reputation globally as they are considered nutritionally rich, shelf-stable, and have lower risk of contamination. These exist in variety of design, size, and configuration and can be easily operated. Earlier, conventional tools were designed to perform single task but at present, enhanced equipment are designed, which comprises multiple processing lines capable of accommodating continuous and automated operations.
Amongst applications, the meat, poultry, and seafood segment dominates the market during the forecast period. The demand for meat processing machinery is mainly driven by the increased use of processed foods, including rising concerns regarding food safety and protein-rich meat products. Asia Pacific region is expected to register the highest market growth rate during the forecast period because of the presence of a large number of meat, poultry, and seafood machinery manufacturing companies in this region.
Some of the key players in the global market include Tetra Laval International S.A., GEA Group, Buhler AG, Anko Food Machine Company Ltd, Krones AG, Berkshire Hathaway inc., John Bean Technologies Corporation (Jbt), Mallet & Company, inc., Nichimo co., ltd., Spx Corporation, Hosokawa micron corp. and Bucher Industries.
Mode Of Operations Covered:
• Fully Automatic
• Semi-Automatic
Applications Covered:
• Beverages Production Machinery
• Meat, Poultry & Seafood Machinery
• Bakery & Confectionery
• Dairy & Milk Machinery
• Parts & Attachments
• Fruit, Nut, & Vegetable Machinery
• Chocolate & Confectionery Machinery
• Other Food Processing Machinery
Types Covered:
• Slicers And Dicers
• Extruding Machines
• Depositors
• Refrigeration
• Mixers
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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